3150 Oneal Ln - Multi-Family FOR SALE


Baton Rouge, LA 70816- Shenandoah
$5,000,000 USD
225-937-0900
3150 Oneal Ln, Baton Rouge, LA for Sale
$5,000,000 USD
Multi-Family - FOR SALE
1/30
null | Request Cap Rate

3150 Oneal Ln
Baton Rouge, LA 70816
Shenandoah


HIGHLIGHTS

  • Close to I-12
  • Full Updated inside and out

OVERVIEW

Introducing an exceptional investment opportunity: a fully renovated 36-unit apartment complex spanning 9 well-maintained buildings on 2.1 acres. This turnkey property boasts a strong 94.4% occupancy rate, reflecting both its desirable location and recent upgrades. Each unit has been thoughtfully modernized to meet today’s renter demands, offering updated interiors, quality finishes, and a clean, contemporary appeal. The exterior of the complex has also been improved, including new roofs, enhancing curb appeal and long-term durability. *A and D units are all 3 bedroom, 2.5 baths (1,495 sqft) *B and C units are all 2 bedroom, 2.5 baths (1,248 sqft) *??? Fully Renovated – inside & out *??? Low Tenant Turnover With consistent cash flow, high tenant retention, and minimal deferred maintenance, this asset is ideal for investors seeking stable income and long-term growth.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$101 USD /SF

# OF UNITS

36

PRICE/UNIT

$138,889

CAP RATE

Request Cap Rate

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Manchester

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

00719749

ASK ABOUT THIS PROPERTY

Michael BorneBorne 2 Sell Realty, LLCMore Info
225-937-0900

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Michael BorneBorne 2 Sell Realty, LLCMore Info
225-937-0900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.